They keep rolling in
https://t.me/realKarliBonne/293784
Nomad’s the advocate, don’t bitch to me. Originally Posted by JacuzzmeGaslight elsewhere. Thnx.
Federal Reserve Chair Jerome Powell expects President Donald Trump's tariff campaign to push inflation, the central banker said in a Wednesday speech.As expected, the bad news led the markets to slide further
Powell emphasized the inflation risks and said the Fed would not necessarily step in to help financial markets with lower interest rates if stocks plummeted.
The tariffs threaten to slow the economy while pushing up inflation, putting the Fed in a difficult position since its monetary policy tools can only help with one of those problems at a time.
In other words, welcome back to the circus.https://www.marketwatch.com/story/th...ng-it-4a4ef313
To understand this circus, let’s briefly delve into the psychology behind it. Bond investors are usually quiet types, but even they’re panicking,selling U.S. Treasury bondsand running toward gold — the asset humans trust when politicians lose their way.
Why this sudden lack of trust? Because bond investors now see a U.S. where tariffs are rising, inflation makes an unwelcome comeback, and policy makers act without consistent direction. Naturally, the herd panics.
Nothing says ‘I’ve lost faith in government’ quite like hoarding elements from the periodic table.